Category Archives: Scholarship

MTech stands for Master's in Technology. It is typically a two-year degree and gateway to various job opportunities in different fields of science and technology. The most common specializations within the gambit of MTech are MTech in Computer Science, Civil Engineering, Biotechnology, Artificial Intelligence, Cyber Security, Structural Engineering, etc. To pursue MTech in Abroad or in India, the candidate must have bachelor's in engineering/ technology/ science/architecture.  An MTech degree can cost anywhere between ₹2 lakhs to ₹30 lakhs depending upon your country, course and college. The great news is that there are various scholarships for students who wish to study MTech abroad or in India. Scholarships such as:  Reliance Foundation Scholarship,   TATA Steel Millennium Scholarship  DRDO Scholarship Scheme for Girls  American Association of University Women (AAUW) International Fellowships -Aga Khan Foundation International Scholarship Program  Fulbright Foreign Student Program  Chevening Scholarships  Commonwealth Scholarships  These MTech scholarships are a great financial relief for students who wish to pursue higher studies but are impeded by financial constraints. These scholarships offer full or partial coverage that allows students to upgrade and work towards a fine future. In this blog, we will focus on MTech abroad with scholarships for Indian students.  Why Pursue MTech Abroad?  The scope of studying MTech abroad is tremendous. Students get international exposure, study with diverse minds, greater research opportunities and access to highly developed labs. It is also the gateway to high paying jobs in some of the most revolutionary industries. Let’s breakdown how the most relevant information about MTech Abroad.    Aspect Details Program MTech or master's in technology Duration 1 or 2 years Benefits of Studying MTech Abroad Lucrative jobs, international exposure, study with diverse minds, greater research opportunities and access to highly developed labs. Types of Scholarships for MTech Government, Quasi-Private, Private, University specific scholarships Top Destinations for studying MTech in abroad USA, India, Germany, UK, Canada, Singapore, Australia, Switzerland, France, Netherlands, etc Key Universities MIT, Stanford University, University of Oxford, ETH Zurich, Harvard, CalTech, NUS, University of Toronto, etc. Finding Scholarships University specific websites Application Process Most institutes offer admission based on candidates' performance in the GATE examination, while many institutes hold their own entrance exam. Success Stories - Financial Planning Scholarships Common Challenges High costs, high competition, low GRE scores, limited seats, etc. Support Resources -  Eligibility and Requirement for studying MTech Abroad with Scholarship  Earning an MTech abroad with a scholarship can be overwhelming. Every university and scholarship have their own criteria for admission. Here's a breakdown of what you typically need:  University Requirements for Studying MTech Abroad  Academic Background: A bachelor's degree in engineering or a related field from a recognized university with a strong GPA (often minimum 3.0 - 4.5 on a 4.0 scale).  Standardized Tests: Scores from the GRE (Graduate Record Examination) or subject-specific GREs may be required by some universities, depending on the program.  English Language Proficiency: Demonstrate English proficiency through tests like TOEFL (Test of English as a Foreign Language) or IELTS (International English Language Testing System).  Work Experience: Some programs may require relevant work experience in your chosen engineering field.  Scholarship Requirements  Academic Excellence: High academic performance in your undergraduate studies is a top priority for most scholarships.  Financial Need: Some scholarships prioritize students with demonstrably limited financial means.  Research Experience: Scholarships often favor applicants with prior research experience that aligns with the program's focus.  Leadership and Extracurricular Activities: Demonstrating leadership qualities, involvement in relevant activities, and a strong work ethic can strengthen your application.  Program/University Alignment: Clearly articulate how your academic goals and interests align with the specific MTech program and scholarship objectives.  Additional Tips   Research Thoroughly: Explore scholarship opportunities offered by universities, governments, and private organizations in your target countries.  Country-Specific Requirements: Eligibility criteria might vary depending on the country you wish to study in. Research specific requirements for your chosen destinations.  Start Early: The application process takes time. Begin researching scholarships well in advance to meet deadlines and prepare strong application materials.  Entrance Exam for Studying MTech Abroad with Scholarship   The most important exam for studying MTech abroad is GRE. Most top universities for MTech offer admissions based on your GRE scores. However, it is not the only admissions criteria – your academic scores in the past, your SOP, LORs, scores in IELTS/TOEFL, your research experience and work experience also play an important role in the admission process. Let’s address the common entrance exams needed to pursue MTech.  Required Entrance Exams  GRE (Graduate Record Examination): This is the most widely accepted standardized test for MTech programs, particularly in the US, Canada, and some universities in Europe and Asia. It assesses your quantitative reasoning, verbal reasoning, analytical writing, and critical thinking skills. Some universities might require subject-specific GREs along with the general GRE, depending on your chosen MTech specialization.  GMAT (Graduate Management Admission Test): While less common for MTech programs, some universities, particularly for MTech programs with a strong management or business component, might require the GMAT.  English Language Proficiency Exams  TOEFL (Test of English as a Foreign Language): This is the most widely accepted English language proficiency test for international students.  IELTS (International English Language Testing System): Another widely accepted alternative to TOEFL.  Programs Without Required Standardized Tests  Some universities, especially in Europe, might not require GRE or GMAT for MTech programs. They might rely solely on your academic transcripts, letters of recommendation, statement of purpose, and English language proficiency scores.  Scholarship providers themselves might not have standardized test requirements. They might prioritize factors like academic excellence, research experience, and alignment with the scholarship's goals.  Types of Scholarships Available for MTech Students There's a vast array of scholarships available to support Indian students pursuing MTech programs abroad. Let's explore the different types and some examples:  Merit-Based Scholarships   AICTE PG Scholarship (GATE/GPAT): Offered by the All-India Council for Technical Education (AICTE) to GATE/GPAT qualified students pursuing MTech in AICTE-approved institutions (India)   Tata Steel Millennium Scholarship: Supports talented Indian students pursuing MTech in specific engineering fields at select Indian Institutes of Technology (IITs).  University-specific merit scholarships: Many universities abroad offer merit-based scholarships specifically for international students, including Indian students. Research the scholarship pages of your target universities.  Need-Based Scholarships  National Scholarship Scheme for SC/ST Students (India): Provides financial assistance to meritorious students belonging to Scheduled Caste (SC) and Scheduled Tribe (ST) communities pursuing higher education, including MTech abroad.  Aga Khan Foundation International Scholarship Program: Offers need-based and merit-based scholarships to outstanding students from developing countries like India for postgraduate studies, including MTech programs.  University-specific need-based scholarships: Some universities abroad offer financial aid packages considering a student's financial need alongside academic merit. Explore the financial aid sections of your target universities.  Country-Specific Scholarships  Commonwealth Scholarship and Fellowship Plan: Funded by the UK government, it provides scholarships and fellowships for students from Commonwealth countries, including India, for postgraduate studies in the UK, including MTech programs.  Research country-specific scholarship programs: Many countries offer scholarships specifically for Indian students. Explore the websites of embassies and consulates of your target countries in India.  University-Specific Scholarships  University of Melbourne Scholarships: The University of Melbourne offers various scholarships for international students, including Indian students, pursuing postgraduate studies, including MTech programs (explore their scholarship website).  Nanyang Technological University (Singapore) Scholarships: NTU offers scholarships for international students, including Indian students, pursuing postgraduate studies, including MTech programs (explore their scholarship website).  Research scholarship pages of your target universities. Many universities offer a plethora of scholarships specifically for MTech programs.  Scholarships by Private Organizations and NGOs  Society of Indian Engineers (SIE) Scholarships: SIE offers scholarships to Indian students pursuing engineering studies in India and abroad, including MTech programs.  The Rhodes Trust Scholarships: Offered to exceptional students from Commonwealth countries, including India, for postgraduate studies at the University of Oxford.  Research scholarship opportunities offered by NGOs and private organizations relevant to your chosen MTech field.  Cost of Studying MTech in Top Destinations Breakdown of Costs  United States:  Tuition Fees: $20,000 - $50,000  Living Expenses: $12,000 - $20,000  Total Estimated Cost: $32,000 - $70,000  Canada:  Tuition Fees: CAD 20,000 - CAD 35,000  Living Expenses: CAD 10,000 - CAD 15,000  Total Estimated Cost: CAD 30,000 - CAD 50,000  Germany:  Tuition Fees: €0 - €3,000 (public universities), €10,000 - €20,000 (private universities)  Living Expenses: €10,000 - €15,000  Total Estimated Cost: €10,000 - €35,000  United Kingdom:  Tuition Fees: £15,000 - £35,000  Living Expenses: £12,000 - £15,000  Total Estimated Cost: £27,000 - £50,000  Australia:  Tuition Fees: AUD 25,000 - AUD 45,000  Living Expenses: AUD 18,000 - AUD 25,000  Total Estimated Cost: AUD 43,000 - AUD 70,000  Notes:  Tuition Fees: Vary widely based on the university and the specific M.Tech program.  Living Expenses: Include accommodation, food, transportation, health insurance, and other personal expenses.  Scholarships and Financial Aid: Many universities and external organizations offer scholarships and financial aid that can significantly reduce the overall cost.  Public vs Private Universities: In some countries, public universities may offer lower tuition fees compared to private institutions, as seen in Germany.  How to Find Scholarships for MTech Abroad? Finding the perfect scholarship to fuel your MTech dreams abroad requires a multi-pronged approach.  Start by scouring the websites of your target universities and scholarship portals dedicated to international students. Don't forget to explore resources provided by your home country's government and the embassy of your target country. Utilize online scholarship databases and platforms to broaden your search. Finally, leverage your network! Connect with alumni and current students of your target programs – they can be invaluable sources of scholarship insights and guidance. With this comprehensive strategy, you'll be well on your way to securing the scholarship that unlocks your MTech adventure abroad. Students can also apply for scholarships through EduFund and get financial aid they require to study abroad. 

Studying abroad is ripe with opportunities. Over 7.65 lakh of Indians went abroad for higher education to pursue their dreams. This number keeps growing; The number of Indian students enrolled in foreign higher education institutions is expected to reach 20 Lakh by 2025. Studying abroad has become synonymous with success; it not only offers opportunities to grow professionally but can help with character building and personal development and makes one culturally sensitive.  There is no denying that studying abroad is expensive. The average cost of studying abroad comes to ₹30 to ₹40 lakhs for an Indian. But there are multiple opportunities at a student’s disposal; students have scholarships, overseas education loans, financial aid, exams for studying abroad with scholarships, etc. If you are parent who wishes to see their child go abroad for their bachelors or masters, you have the option of starting a college fund for the baby.  In this blog, we will be showing primarily on exams for studying abroad with scholarship. Asking questions like what the top exams are for studying abroad for Indians, which exam should you take for study abroad, what are the exams for studying abroad?   Key Exams for Study Abroad  Here’s a list of exams for studying abroad. Some of these exams are gateways to top universities and are mandatory for admission. For instance, SAT and ACT are significant if you wish to pursue bachelors in USA. TOEFL or IELTS are English speaking tests used for multiple courses across universities and countries.  Standardized Tests for Undergraduate Programs:  SAT (Scholastic Assessment Test): The SAT assesses reading, writing, and math skills. It's widely accepted by universities in the US, Canada, and several others.  ACT (American College Testing): Similar to the SAT, the ACT evaluates reading, English, math, science reasoning, and writing skills (optional). It's another prevalent test for US and some other universities.  Fees (Approximate INR):  SAT: ₹6200-₹7000 (with essay), ₹5400-₹5800 (without essay)  ACT: ₹12,000 (with writing), ₹9,000 (without writing)  Importance for Indian Students: These exams provide a standardized measure of academic preparedness for universities abroad. Scoring well strengthens your application and increases your chances of admission to prestigious programs.  Universities & Courses Unlocked: High scores on the SAT/ACT can open doors to top universities in the US, Canada, Singapore, Hong Kong, and others. These tests are typically required for various undergraduate programs, including Business, Engineering, Liberal Arts, Sciences, and more.  Relevance: The SAT and ACT assess core academic skills and critical thinking abilities deemed essential for success in a foreign university environment.  Standardized Tests for Graduate Programs: GRE (Graduate Record Examination): The GRE evaluates verbal reasoning, quantitative reasoning, analytical writing, and critical thinking skills. It's widely accepted by universities in the US and many others for various graduate programs.  GMAT (Graduate Management Admission Test): This test focuses on analytical writing, quantitative and verbal reasoning, and integrated reasoning skills. It's required for admission to most Master of Business Administration (MBA) programs worldwide.  Fees (Approximate INR):  GRE: ₹16,000  GMAT: ₹21,000  Importance for Indian Students: Similar to undergraduate exams, the GRE and GMAT demonstrate your academic preparedness for rigorous graduate studies. Strong scores can significantly enhance your application and scholarship prospects.  Universities & Courses Unlocked: High GRE/GMAT scores can unlock admission to top universities worldwide for Master's, Ph.D., and other graduate programs in various fields, including Business, Engineering, Sciences, Social Sciences, and Humanities (for GRE).  Relevance: The GRE and GMAT assess the specific skills and knowledge base crucial for success in graduate-level studies, particularly in quantitative and analytical areas.  English Proficiency Tests: TOEFL (Test of English as a Foreign Language): The TOEFL assesses English language proficiency for academic purposes. It's widely accepted by universities worldwide.  IELTS (International English Language Testing System): Similar to the TOEFL, the IELTS evaluates English language proficiency for academic and immigration purposes. It's another widely accepted test.  Fees (Approximate INR):  TOEFL: ₹13,000  IELTS: ₹15,000  Importance for Indian Students: Most universities abroad require proof of English language proficiency to ensure successful communication in class and academic settings. These tests fulfill this requirement.  Universities & Courses Unlocked: A good TOEFL/IELTS score is necessary for admission to almost any university abroad, regardless of the program.  Relevance: English proficiency is essential for comprehending lectures, participating in discussions, and completing coursework effectively at a foreign university.  Other Relevant Exams: LSAT (Law School Admission Test): Required for admission to law schools in the US and Canada.  MCAT (Medical College Admission Test): Prerequisite for admission to medical schools in the US, Canada, and Australia.  Study abroad exam preparation strategies  Conquering those exams is the first to studying abroad and getting the scholarships or financing to help you achieve your dream. Here are some tips to get you started:  Understanding the Exam:  Familiarize yourself with the exam format, content areas, and scoring criteria for each test you're taking (SAT, ACT, GRE, GMAT, TOEFL, IELTS). Each exam has a different objective, marking system and a set of questions.   Official test websites and prep materials offer valuable insights.  Study Planning & Time Management  Create a personalized study schedule that allocates dedicated time for each exam section.  Be realistic about your pace and adjust your plan as needed.  Schedule breaks to avoid burnout and maintain focus.  Practice Tests & Review Materials  Take practice tests regularly to identify strengths and weaknesses.  Utilize official practice materials, prep books, and online resources.  Review mistakes thoroughly to solidify concepts and prevent repetition.  Boost Your Prep  Consider enrolling in online courses or seeking guidance from tutors for personalized support.  Joining study groups can foster collaboration, knowledge sharing, and motivation.  Explore free and paid online resources like practice tests, video tutorials, and study guides.  Study abroad scholarship opportunities Financing your international education with scholarships is the best way to study abroad. Winning a scholarship is a great financial win but also adds immense value to your resume. It speaks volumes about your credulity, academic spirit and can help you seek better opportunities through networking.  Here's how Indian students can navigate the scholarship landscape:   Types of Scholarships:  Government Scholarships: The Indian Council for Cultural Relations (ICCR) Scholarship and the Study in India (SII) Scholarship are prestigious options fully or partially funded by the Government of India.  University Scholarships: Many universities abroad offer merit-based scholarships specifically for international students, including Indians. Explore individual university websites for details.  Subject-Specific Scholarships: Scholarships exist for specific academic fields like engineering, medicine, or business. Research organizations and foundations often offer such scholarships. These can be third-party scholarships like Rhodes Scholarships, British Council Scholarship or can be found on the university pages for specific courses.  Eligibility Criteria  Academic excellence is a primary criterion for most scholarships. Strong grades in relevant subjects and standardized test scores are crucial.  Some scholarships may have specific course or program requirements.  Extracurricular activities, leadership qualities, and community service involvement can strengthen your application.  Finding Scholarships  Utilize scholarship search engines designed for international students.  Check the websites of universities you're interested in for scholarship opportunities. Such as the EduFund Scholarships to help ease the financial stress!  Explore government scholarship portals and educational consultancies for guidance.  Crafting a Winning Application   Scholarship Essay: Research the scholarship and tailor your essay to its specific requirements. Highlight your academic achievements, career goals, and how the scholarship aligns with your aspirations.  Interview Preparation: Practice answering common scholarship interview questions. Showcase your passion for your field of study and demonstrate your suitability for the scholarship program.  Importance of Financial Preparedness  The importance of financial preparedness related to studying abroad cannot be emphasized more. Tuition fees are a major expense for a student and a parent. For Indian families, it can be tough, considering the currency exchange involved in the process. Other factors to consider is the growing inflation in education, the disparity between national and international fees abroad, and rising rent prices for students as well as the cost of living crisis.  Here's a breakdown of some major costs for studying abroad and how scholarships can help:   Living Expenses: Accommodation, food, transportation, utilities, and daily necessities can add up quickly.  Research average living costs in your chosen destination to create a realistic budget.  Travel Costs: Factor in flight tickets, travel insurance, and potential visa application fees. Explore scholarships that cover travel stipends to ease the burden.  Health Insurance: Many universities require international students to have health insurance.  The cost can vary depending on the coverage. Scholarships that include health insurance benefits can be a lifesaver.  Academic Materials: Textbooks, research materials, and course supplies can be expensive, especially compared to Indian prices. Factor these costs into your budget.  Unexpected Expenses: Emergencies, social activities, and unforeseen situations arise.  Set aside a contingency fund in your budget to navigate these bumps in the road.  Scholarships as a Lifeline:  Scholarships can significantly alleviate these financial pressures.  They can cover a portion of tuition fees, living expenses, and even travel costs.  Many scholarships also offer health insurance benefits, further reducing your financial burden.  However, securing scholarships shouldn't be your sole financial strategy. You can consider overseas education loans, saving for college via mutual funds or if you are in school or college, encourage parents to start a college fund for you.   Planning and Resources are Key:  Budgeting: Create a detailed budget outlining all anticipated expenses.  Research average costs for your chosen destination and program. You can check university websites to get the current fees and for future fees, you can try the College Cost Calculator!  Exploring Additional Resources: Consider part-time work options allowed by your student visa (restrictions apply). Look into student loans designed for studying abroad. Explore family support options if feasible.  Investing in Mutual Funds through EduFund The best way to start saving for college is to invest via mutual funds. EduFund helps you achieve that seamlessly. It guides parents and children through education planning by providing financial solutions like investing via mutual funds, scholarships and overseas education loans.   Why do we encourage parents to choose mutual funds at EduFund? Because mutual funds have historically given higher returns than the growing college costs. Mutual funds have the potential to beat college costs. They are also managed by professionals who understand markets and help you navigate them easily.   Starting an investment plan for your child through mutual funds with the help of EduFund is incredibly lucrative and easy. Step to investing:  Download the EduFund App & set up an investment account  Try our College Cost Calculator to determine the future costs  Generate an investment plan based on your child’s college goal  Speak to a savings experts or DIY the investment plan  That’s it, you will have a college fund to help your child study anywhere in the world!    EduFund can also help you get scholarships and low interest education loans. Education loans are one of the best ways to sponsor foreign education. The loans are designed to help meritorious students get financial help and pursue their dreams of studying abroad.  Success Story "Last year, I got my CAS from the university, and the final step was sorting out my finances. I was intimidated by the loan process, but EduFund experts came through. They guided me throughout the process! I loved the absolute transparency over fees and charges. Kudos to EduFund for everything!" Harsh LakhanpalHeaded to Queen Mary University, London, UK

The ever-increasing cost of education makes student loans a reality for many aspiring students. However, navigating the complexities of securing a loan can be overwhelming, especially when it comes to the topic of collateral. This blog aims to untangle the confusion surrounding collateral requirements for education loans and empower you to make informed decisions. Secured vs. Unsecured Education Loans: Understanding the Difference Imagine a loan as a promise to repay borrowed money. In a secured education loan, you offer collateral (an asset like property or a vehicle) as security. If you fail to repay the loan, the lender can seize this collateral to recoup their losses. Secured loans typically come with lower interest rates and allow you to borrow larger sums. However, the risk of losing your valuable asset is a significant drawback. On the other hand, unsecured education loans don't require collateral. This might sound ideal, but lenders compensate for the lack of security by charging higher interest rates and having stricter eligibility requirements. Generally, a strong credit score increases your chances of securing an unsecured loan. Factors Affecting Collateral Requirements Several factors influence whether a lender requires collateral for your education loan. Your credit score plays a crucial role. A limited credit history or a low credit score may make it more likely for lenders to seek the security of collateral. Here's another factor: guarantors or co-signers. These are individuals who essentially agree to take responsibility for your loan repayment if you default. Having a co-signer with a strong financial standing can improve your chances of getting an unsecured loan or a secured loan with a more favorable interest rate. Lenders may also consider the type of course you're pursuing, the loan amount you're requesting, and your academic record when deciding on collateral requirements. When is Collateral Typically Required for Education Loans? Let's look at some real-life situations where collateral is more likely to be a requirement: Loans for Large Amounts: If you need a substantial loan to cover your education expenses, lenders may seek additional security in the form of collateral to minimize their risk. Low Credit Score: Lenders might require collateral to offset the perceived higher risk of non-repayment if you have a limited credit history or a low credit score. Unestablished Career: Students without a stable job history may find it challenging to secure an unsecured loan, especially for a large amount. A co-signer or collateral can strengthen your application in such cases. When Can You Get an Unsecured Loan to Study Abroad? There are situations where unsecured loans are a viable option: Loans for Smaller Amounts: For smaller loan amounts, lenders might be more flexible and offer unsecured options with competitive interest rates. Strong Credit Score & Co-signer: A good credit score demonstrates your financial responsibility and increases your chances of securing an unsecured loan. A co-signer with a strong financial background can further strengthen your application. Specific Loan Programs: Government or scholarship-based loan programs may offer unsecured options with lower interest rates compared to private lenders. Additional Factors to Consider When Choosing an Education Loan Remember, collateral is just one piece of the puzzle when choosing an education loan. It's crucial to compare interest rates (fixed vs. variable) offered by different lenders. Fixed interest rates provide stability in your monthly payments, while variable rates can fluctuate over time. Don't neglect other loan features like repayment terms, processing fees, and prepayment options. These factors can significantly impact your overall loan experience. It's also wise to research scholarships, grants, and financial aid programs offered by your institution or government agencies. Reducing your reliance on loans can lessen your financial burden.

With the cost of studying overseas rising higher, students dream of winning a scholarship that would cover their fees and overseas stay. But there are some truths about winning scholarships that you should be aware of if your child is planning to travel for studies abroad. There are several misconceptions surrounding winning scholarships, such as your child needs to be a straight A student or athlete. However, there are many scholarships available for minorities, meritorious individuals, athletes, and many others. Apply for Scholarship Program Tips on how to beat high school fees! https://www.youtube.com/watch?v=j5uKaYCAbco&t=2s The truth about winning scholarships https://www.youtube.com/watch?v=Motf8zBtf4c 1. Only for the Meritorious Being a straight A-student is not enough to win a scholarship. While good grades do help, international universities look for the all-round development of the student when considering applicants for scholarships. 2. Extra-curriculars matter Scholarships for students with extracurricular achievements. There are separate scholarships for students with accomplishments in sports, theatre, music, art, and volunteering activities. Most Indian students are unaware of these options and miss out on going to a great university thinking that a lack of ‘A grades’ means no scholarship. 3. Minority Scholarships Check if you qualify for the many minority scholarships. These are usually categorized under gender, race, and sexual orientation. There is a lot of impetus being given to women in the STEM fields, and there are Scholarships for Asian students that your child may qualify for. So make it a point to explore the many options available out there today. 4. Different types of scholarships There are scholarships for students from every stratum of society, not just the economically backward. Do your research and see which categories of scholarships your child is eligible for. Apply for as many as you can. This will improve your chances of winning the scholarship. 5. Country-specific scholarships In most countries, universities offer government and private scholarships. In most cases, government scholarships are reserved for students of the said country. But if your country of origin has diplomatic arrangements that facilitate higher studies across borders, there may be scholarships reserved for you. Make sure you check these out. 6. Need-based scholarships Some colleges review need-based benefits for students who enroll under scholarships. This could mean that if you get a scholarship, you may be denied other need-based benefits at the university. This may make you rethink your scholarship application. But you don’t have to. If you are really in need of the money, present your case to the university, and they often have the flexibility to sanction funds along with the scholarship if need be. 7. Competitive Don’t be put off by the effort required to apply for scholarships. Of course, you and your child will have to put in hours of research, meet the eligibility criteria, draft applications, send them out, follow up for confirmation of receipt, and submit a host of documents but you will find it is all worth it. The scholarship pay-out as the reward makes all the effort meaningful. Once your application is drafted, you can usually rework it slightly and apply to multiple colleges. So don’t shy away from the effort. You could save some serious money in the bargain. 8. Partial Funding Not all scholarships do not cover the cost of your entire study. This is one harsh truth of winning scholarships that people find out later in life most scholarships only cover a portion of your expenses. Some scholarships cover one-year tuition costs, some cover accommodation, and flight expenses while some may cover your books and research apparatus. Take the example of the Rhodes scholarship, it covers Oxford University course fees and gives an annual stipend. It does not cover the cost of your accommodation or living expenses.  While it would be great to win scholarships for study abroad, it is something you cannot count on. The parameters of the scholarships and academic and non-academic requirements of the universities are constantly being tweaked and upgraded. Keeping these variables in mind, it is important that you start saving for your child’s overseas education well in advance through various investment instruments. Apply for EduFund Scholarships! Some scholarships for Indian students Invest wisely and build an adequate education fund so that when your child finally does win the scholarship, it will be a delight and a bonus! You will have extra funds to use for other aspects of your child’s growth with what you would have saved. Learn More About Scholarships by EduFund! https://www.youtube.com/shorts/9Xy8ucfqczY FAQs What should I do to win a scholarship?   To increase your chances of winning a scholarship, start by researching available scholarships and their eligibility criteria. Then, focus on maintaining a strong academic record, participating in extracurricular activities, volunteering, and writing compelling scholarship essays. Make certain that you meet all application deadlines and conditions.  Is it hard to get a scholarship in Canada?   Scholarships in Canada are available for both domestic and international students. The competitiveness of scholarships can vary, with some being highly competitive, while others are more accessible. To improve your chances, maintain good academic performance, research scholarship opportunities, and meet application requirements diligently.  Which scholarship has the highest amount?   The scholarship with the highest amount can vary significantly by country and institution. Prestigious international scholarships like the Rhodes Scholarship, Fulbright Scholarship, or Gates Cambridge Scholarship often offer substantial financial support for studies abroad. The specific amount can change from year to year.  Is there any chance to get a scholarship?  Yes, there are numerous scholarships available for various categories of students, including academic achievements, financial need, specific fields of study, and more. Your chances of getting a scholarship depend on your qualifications and how well you match the scholarship criteria. 

Recent statistics state that 32 million children up to the age of 13 have never attended any school in India, and 47 million secondary and higher secondary students drop out because of domestic and financial reasons.  Education can open new doors of opportunities so that children can leave their life of poverty behind and step into a better and enriched life.  Bright children seek education, and one of the best ways to fulfill their dreams is through sponsorship. To know how to sponsor a child’s education, then you must go through this blog. What is a sponsorship? Sponsorship in the context of a child’s education refers to a program that allows an individual, a group, or a business entity to offer monetary contributions so that the money donated can help in educating the child. How much does a sponsorship cost? The cost of sponsoring a child’s education fluctuates from INR 1,000 per month to INR 3,000 per month. The amount varies from donor to donor and organization to organization. If the sponsor wants to pay only for the tuition fees, then they can do so, but if they want to pay for related expenses, there is also a provision for that.  Payments can be made every month or as a lump sum amount for a year. What does the beneficiary get? Financial aid and associated benefits of most sponsorship programs concerning a child’s education cover-  School expenses like tuition fees, lab fees, uniforms, textbooks, and stationery (pen, pencil, rubber, geometry box and sharpener, etc.). Nutritious and balanced meals. Medical screenings and health care to ensure physical and mental well-being. Learning vocational skills. Facilitating extra-curricular activities.  Connect children with teachers and mentors. An opportunity to learn and practice literacy skills. Teaching activities that will help in sharpening income-generating skills. Additional read: Best sip plan for child's future Sponsoring a child’s education 1. Select a verified organization You can sponsor a child’s education in India by selecting a verified and genuine organization. These organizations are often constrained by a lack of monetary resources as the number of needy children far exceeds the support options. Numerous non-profit organizations in India have set up the required infrastructure to help children in getting the education they deserve. Some of them have the backing of government agencies, and some are dependent upon business entities for funds.  2. Get the required information You can call the NGOs directly on the phone, email them or conduct an in-person meeting to gather the related information. Ask about the program, how many children they support, what amenities they provide and how you can make a difference. Ask about the sponsorship amount and what it will entail. Will the organization provide only the tuition fees, or will the amount include related expenses? You can also speak about your budget and what benefits it can offer to the child.  3. Select a child Some people believe in creating a personal bond with a child and if you are one of them, then ask the NGO about the children that need education. Select a child and form a connection by speaking with them and making sure both emotional needs and financial needs are met.  When the sponsor becomes personally involved with a child, then they can ask the organization to send periodic reports of the sponsored child to know how the child is faring. They can also visit or write to the child periodically to maintain the bond.  4. Sponsor a child online If you are not interested in creating a one-on-one bond and just want to donate the money as a charitable contribution for income tax purposes, then you can donate online on the NGO site.  The government encourages its well-off citizens to contribute to the education of children who do not have the necessary funds to get admitted to schools and colleges. Donations related to the sponsorship program are eligible for a 50% tax exemption under Section 80 G (5) of the Income Tax Act 1961.  Thus, sponsorship acts as a two-fold beneficial tool. It will provide education to needy children and help the sponsor to claim exemption during the income tax filing.  5. No refund or cancellation Charitable organizations generally do not allow refunds or cancellations of donations by any donor. Hence be sure before making a payment. FAQs What is sponsorship? Sponsorship in the context of a child’s education refers to a program that allows an individual, a group, or a business entity to offer monetary contributions so that the money donated can help in educating the child. What are the benefits of sponsorship? The benefit of sponsorship is to give someone an opportunity to grow and develop their skills. Education sponsorship is meant for students who lack the financial means to support their education and can benefit from sponsorships to build a career for themselves. Conclusion By now, you must have come to know how to sponsor a child’s education effectively. The sponsorship program can create a positive impact on the life of a student who just needs an opportunity to break the cycle of poverty and improve their living conditions. TALK TO AN EXPERT

There are thousands of UK scholarships to fund your child’s college today. These scholarships are offered by local governments and universities to help children finance their education in a foreign country.  While some scholarships offer absolute funding, there are some that cover a portion of your child’s tuition— including program costs, living expenses, and return flights to the UK. Let’s dive into the different scholarships for the UK and how they can help you finance your child’s UK dream. https://www.youtube.com/shorts/sRiktJ_KLmo https://www.youtube.com/watch?v=Motf8zBtf4c Top scholarships in the UK to fund your child's college List of the best UK scholarships for your child: Scholarships for masters in the UK  Does your child intend to pursue a master's degree in the UK? Mentioned below is the list of scholarships for master's degrees in the UK: University of Reading Master’s Scholarship Marshall Scholarships CastleSmart Scholarships Cardiff University Elite International Scholarships Clarendon Scholarships by the University of Oxford University of Edinburgh Global Scholarships Queen’s University Belfast International Scholarships MBA scholarships in the UK  Mentioned below is the list of scholarships for MBA degrees in the UK: IKOS Scholarships Women in Leadership Scholarship The University of Strathclyde MBA Visionary Scholarship. Chevening Scholarships Commonwealth Masters Scholarships Commonwealth Fellowship Plan GREAT scholarships The Global Study Awards Charles Wallace India Trust Scholarships The Cranfield Trust Scholarships in the UK Inlaks Scholarship Felix Scholarship https://youtu.be/EyP3Li4ofNg Ph.D. scholarships in the UK Mentioned below is the list of scholarships for Ph.D. degrees in the UK: Imperial College London President’s Ph.D. Scholarships Gates Cambridge Scholarship The Royal Society Grants Carnegie Ph.D. Scholarships Charles Wallace India Trust Scholarships Commonwealth Scholarships for Developing Commonwealth Countries The Newton-Bhabha Fund Wolfson Postgraduate Scholarships in the Humanities Goa Education Trust Scholarships Saltire Scholarships Euraxess UK Scholarships Are scholarships enough to cover the cost of education in the UK? There are merit-based and need-based scholarships offered in the UK. Some scholarships typically only cover a portion of the cost of the course, the rest has to be covered by the student. Consequently, there are a number of costs to take into account when a student plans to move to the UK to attend college. These include tuition costs, university registration fees, security deposits, travel-related projects, lodging, food, and even trip-related travel expenses. You can use our College Cost Calculator to determine the precise cost of studying in the UK and help you acquire the funds you need to save for your future education. Additional read: Difference between grants and scholarships Cheapest universities in the UK International students can enroll in affordable degree programs at several UK universities. Each of the institutions listed here has a fantastic campus and offers students top-notch instruction, facilities, and services. Here is a list of the UK's least expensive universities: UK scholarships are a fantastic option to either partially or entirely finance your child's education. By improving their grades and participating in extracurricular activities, community service projects, and outreach programs, your child can also increase their chances of getting a scholarship. Consult an expert advisor to get the right plan TALK TO AN EXPERT

The intense education inflation and extremely higher fee structure leave little room for pursuing a higher degree course abroad at one’s expense. Students with genius brains cannot put their intellect to use due to the lack of appropriate funds.  At such times the Commonwealth Scholarship sponsored by Commonwealth Scholarship Commission (CSC) is a blessing in disguise for brilliant minds as it provides a much-deserved opportunity to boost their academic brilliance and skills. Apply for EduFund's Scholarships and make your dreams a reality! What is a Commonwealth scholarship? The Commonwealth Scholarship is a program initiated by the British government that provides fully-funded scholarships to deserving students residing within the Commonwealth countries. The scholarship program is funded by the UK Foreign, Commonwealth, and Development Office to attract talented individuals to UK universities and support sustainable development.   The Commonwealth Scholarship program is open to 800 students each year. The number keeps on increasing every year so that the CSC can make constructive changes on the global stage. Additional read: Questions to ask before sending a child to UK? Who can apply for a Commonwealth scholarship? A permanent resident or a citizen of a Commonwealth country. A refugee or a British-protected person. Students with an undergraduate honors degree of at least upper second class. Students applying for the Ph.D. program must have a Master’s degree. There is no minimum age for applying but the maximum age limit is 40 years.  For the academic year 2023, the CSC is accepting online applications from students of all majors. It has launched varied programs for both the Master's degree and Ph.D. levels for the students to choose from. How can you apply for the Commonwealth scholarship in the UK? The Commonwealth Scholarship Commission does not accept a direct application hence students can apply through the nominating bodies. These include government, non-governmental bodies, and charitable institutions.  Students have to visit the MHRD website and then the ECAS portal and apply to both before the stipulated deadlines. Additional read: Can your child do an MBA within 25 lakhs? List of documents required for the Commonwealth Scholarship in the UK Proof of citizenship. If the applicant is a refugee then the document that proves the refugee status. A full transcript with details of higher education qualifications. References of two persons should be submitted by the referee in the online application system. Supporting statement from the proposed supervisor in the UK.  Scan copy of the passport. A concise CV/resume Time to apply for Commonwealth scholarship 2024 The process for receiving applications is open between October to December and students should start checking on the official website even before the tentative dates.  Numerous programs under the Commonwealth Scholarships 2024 are open for applicants throughout the year hence interested students can log in to the website and find the timings for their preferred degree courses.   Funding by the Commonwealth Scholarship Commission and related benefits The Commonwealth Foundation provides grants of up to £200,000 (INR 18,464,000) to eligible students for four years as funding for the postgraduate degree courses. This is a fully-funded scholarship program by the UK government that covers all the expenses of the students. It includes Economy class airfare tickets for round trip. Transportation cost. Visa and travel fee. Medical expenses. Tuition fees. Textbook costs. Accommodation expenses. Allowance for woolen clothes during the winter season. Personal expenses - allowance of £1,133 (INR 104,599) per month and £1,190 (INR 109,860) per month for small cities and big cities respectively. The scholarship also covers family allowances if the couple stays for at least 18 months. It includes- Spouse allowance of £225 (INR 20,772) per month if the applicant and spouse are living together at the same address in the UK. Child allowance of £225 (INR 20,772) per month for the first child and £110 ( INR 10,155) per month for the second and third child under the age of 16 if the scholarship applicant is living with their spouse and children at the same address in the UK.  Child allowance of £450 (INR 41,544) per month for the first child and £110 (INR 10,155) per month for the second and third child under the age of 16 if the scholar is a single parent, divorced or widowed and is accompanied by the children and living at the same address in the UK.  Is the Commonwealth Scholarship enough to study in the UK? The Commonwealth Scholarship is enough to study in the UK as it is a fully funded program that covers both the study costs like tuition fees as well as related expenses. FAQs What is the commonwealth scholarship? The Commonwealth Scholarship is a program initiated by the British government that provides fully-funded scholarships to deserving students residing within the Commonwealth countries. The scholarship program is funded by the UK Foreign, Commonwealth, and Development Office to attract talented individuals to UK universities and support sustainable development. Conclusion The Commonwealth Scholarship is a golden chance for deserving students who are unable to study abroad just because of the lack of funds. The program offers opportunities to such students so that their dreams can come true. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Pursuing a Ph.D. from a prestigious international university has long been a dream for many Indian students. However, the high tuition fees and living expenses associated with studying abroad can be a significant barrier. Fortunately, there is a multitude of scholarships available for Indian students that can help turn this dream into a reality. In this blog, we will explore various Ph.D. abroad scholarships for Indian students, both fully and partially funded, that can ease the financial burden of studying abroad. Types of Scholarships in Abroad to Study Ph.D. Before delving into the specific scholarships, it's essential to understand the two main types of scholarship in Abroad for Indian students: Fully Funded Scholarships Fully funded scholarships cover all major expenses related to your overseas education.  Fully funded Ph.D. scholarships for Indian students typically include tuition fees, living allowances, study materials, travel expenses, and insurance. Partial Scholarships Partial scholarships, on the other hand, cover only a portion of your total study costs. These scholarships may provide funding for either tuition fees or living expenses, and the specific terms and conditions can vary significantly. Apply for Scholarship Ph.D. abroad with a scholarship for Indian students Now, let's explore some of the top scholarships available for PhD at abroad for Indian students 1. Commonwealth Scholarship Eligibility: - Citizen or permanent resident of a Commonwealth country, refugee, or British-protected person - Financial need for studying in the UK - Age under 40 Amount/Expenses Covered: - Monthly stipend of €1,236 or €1516 (for London metropolitan area) - Airfare for first arrival and departure - Additional allowances and grants Duration: 3 years The Commonwealth Scholarship is awarded by the UK to outstanding students from Commonwealth countries. Approximately 800 scholarships are granted each year, providing recipients with an opportunity to study in UK universities without the burden of high tuition fees for the first three years of their program. 2. Destination Australia Program Eligibility: - Enrolled in a regional institution in Australia - No other sponsorships Amount/Expenses Covered:- $15,000 per year Duration: Maximum 4 years The Destination Australia Program offers scholarships to PhD scholars studying in Australian regional universities. In 2023, priority is given to courses aligned with the Australian Government's National Skills Priority List. 3. Vanier Canada Graduate Scholarships Eligibility: - Nomination from the institution - Exceptional academic merit - Research potential - Leadership skills Amount/Expense Covered: CAD 50,000 annually Duration: 3 years The Vanier Canada Graduate Scholarship is available for doctoral scholars in various fields, including Health Research, Natural Sciences, Engineering, Social Sciences, and Humanities. Recipients must display outstanding academic performance, research ability, and leadership skills. 4. Friedrich Naumann Foundation for International Students Eligibility: - International student - Relevant research proposal - Academic merit - Financial need Amount/Expenses Covered: - €800 to €1200 per month Duration: Up to 3 years The Friedrich Naumann Foundation Scholarship supports researchers in German universities. Annually, approximately 150 students benefit from this scholarship, making it a trusted resource among international research scholars in Germany.  5. AAUW International Women’s Fellowship Eligibility: - Female scholar of non-US citizenship - Full-time availability - Commitment to return to home country after studies - Preference for underprivileged candidates Amount/Expenses Covered: $50,000 for one year Duration: 1 year The AAUW International Fellowships provide support for women pursuing doctoral studies in US universities. Applicants are selected based on their research's relevance, quality, and potential impact on women and girls in their home countries.  6. Fulbright Nehru Doctoral Research Fellowship Eligibility: - Recommendation letter from supervisor - Ongoing research - Registered for Ph.D. on or before Nov 01, 2021, in an Indian institution Amount/Expenses Covered: - J-1 Visa support - Monthly stipend - Round trip economy class travel - Allowances and affiliation fees Duration: 6-9 months The Fulbright Nehru Doctoral Research Fellowship supports Indian scholars studying in the US, providing them with an opportunity to conduct research and gain practical experience in the country. 7. DAAD Scholarship Germany Eligibility: - Two years of work experience - Academic merit - German language proficiency Amount/Expenses Covered: - Tuition fees - Travel allowance - Health insurance - Spouse/child allowance Duration: 1 year The DAAD research grants aim to promote doctoral research projects and provide financial support to Indian students studying in Germany. Each year, 25 scholarships are available for Indian students. Top Ranked Ph.D. Universities to Study Abroad In addition to the above scholarships, there are also various college-specific PHD in abroad scholarships for Indian students. Here are a couple of notable options: 1. Yale University Scholarships Eligibility: - Excellent research project and Statement of Purpose - Academic merit and achievements - Entrance test scores (IELTS, TOEFL, etc.) Amount/Expense Covered: - Fully funded - Tuition fees - Living expenses Duration: 2-5 years Yale University offers a range of financial support options for PhD scholars, including University Fellowships, Teaching Fellowships, and more. These scholarships are available for various fields of study.  2. Gates Cambridge Scholarship Eligibility: - Pursuing a full-time postgraduate degree - Academic merit - Leadership skills - Commitment to societal betterment Amount/Expenses Covered: - Tuition fees - Living allowance - Economy airfare - Visa costs - Health surcharge In addition to the core benefits, Gates Cambridge Scholarships also provide additional funding opportunities for academic development, family allowances, fieldwork, and more.  3. Australian Govt Research Training Program International Scholarship (AGRTPS) at Flinders University Eligibility: - Enrolled in a postgraduate degree at Flinders University - Academic merit - Research training Amount/Expense Covered: - $28,854 per annum - Tuition fee - Living allowance - Overseas Health Care Cover Duration: 3 years This scholarship offers financial support to Indian students pursuing postgraduate degrees at Flinders University in Australia. With a limited number of scholarships available, competition is intense.  4. Presidents PhD Scholarships - Imperial College Eligibility: - Academic excellence - Research potential Amount/Expenses Covered: - Tuition fees - Living allowance Duration: 3.5 years Imperial College, London, offers the President's PhD Scholarships to deserving students pursuing a PhD. The scholarships cover tuition fees and provide a generous monthly stipend.  5. Stanford University Scholarships Eligibility: - Academic merit - Research potential - Financial need Amount/Expenses Covered: - Tuition fees - Monthly stipend Duration: 5 years Stanford GSE (Graduate School of Education) provides full scholarships for all Ph.D. programs for five years. Recipients are selected based on academic excellence, research potential, and financial need. Conclusion These above-mentioned scholarships provide invaluable opportunities for Ph.D. abroad with scholarships for Indian students. By securing funding, students can focus on their research and academic goals without the financial burden. If you're considering studying abroad for your Ph.D. explore these scholarships and make your dream a reality. And for Indian parents planning for their child's future education, EduFund is a platform that can provide valuable assistance. EduFund helps parents calculate the future costs of college education and explore various investment options with the guidance of financial and educational experts. It offers a fantastic opportunity for parents to secure their child's educational future.  Log on to where you can find out various scholarships available for Ph.D. abroad for Indian students. Also, you have a chance to win scholarships worth ₹5Cr if you apply for any scholarship at EduFund now.  Do not miss this golden opportunity, apply now and save big for the future scholarship of your student

Scholarships and Bursaries are financial awards offered to students interested in pursuing their education. Various guidelines and conditions are attached to their application which makes them both similar and dissimilar to each other.  In this article, before discussing the differences between scholarships vs bursaries, let us go through the definitions of a bursary and scholarship to get a clearer picture of them.  What are Scholarships? Scholarships are non-repayable financial assistance offered to students to encourage talent. It can be both merit and need-based and is usually offered to a specific category of students. Scholarships are also country-based and are offered to students who want to study abroad in specific countries.  Scholarships cover educational costs (like tuition fees), and costs of living (like maintenance, accommodation, transportation, etc.).  What makes you an ideal candidate for a scholarship? Read More What are Bursaries? Bursaries are financial aid offered by colleges, universities, foundations, or governments to students for their education. These are meant for students who belong to low-income households and are unable to meet their educational expenses. Bursaries are need-based and not merit-based. It covers the living costs of the student in a specific year. Apply for Scholarship Key differences between Scholarships vs. Bursaries The key differences between scholarships vs. bursaries based on various parameters are as follows- 1. Financial status The financial status of a student is not necessarily taken into consideration while awarding the scholarships, whereas the opposite is true for a bursary as it is given to students facing financial difficulties in paying their education fees.  2. Purpose The purpose of the scholarship is to provide financial aid to students who are gifted in terms of talent or an area of expertise so that the funds can promote their education. The purpose of offering bursaries, on the other hand, is to offer financial support or monetary funds to students who are unable to pay their education fees.  Thus, the purpose of scholarships is to boost skills and bursaries are to avoid financial struggles.  3. Types There are different types of scholarships like merit-based scholarships, talent-based scholarships, and merit-cum-need based scholarships whereas bursaries are only need-based financial supports. 4. The offering Party The scholarships and bursaries are offered by schools, universities, governments, or third parties like a foundation. In the case of scholarships, the third party is usually interested in promoting talent, whereas, in the case of bursaries, it is to help the recipient avoid financial problems.  5. Offered to Scholarships are based on the academic performance of the student or achievements in specific categories like music, sports, etc., or based on need. Bursaries are offered only based on need so that the students can pay the education fees and continue with their studies.  6. Area of consideration The main area of consideration while awarding scholarships is the merit and skills of the student whereas the financial status is the primary area of consideration while offering a bursary.  7. Paying back Scholarships are non-refundable awards offered to students with exceptional talent. If the student does not agree to the terms and conditions of the offered scholarship then he has to pay back the money at a later period.  Some bursaries claim a specific percentage of the offered fund once the student gets a job and starts earning. If the student cannot complete the education or has to leave it midway he will have to pay back a specific percentage of the offered bursary that he has received for that specific year.  8. Related conditions Specific conditions are attached to both scholarships and bursaries and the students have to follow them at all costs. When the student is offered a bursary, he has to agree to work for the offering party for a specific time.  The primary condition of a scholarship is that the student will have to maintain exemplary grades. Only sometimes does the scholarship require the student to work for the organization offering the scholarship.  9. Benefits The benefits offered under scholarships vs. bursaries vary to a great extent. Scholarship often covers the entire or a part of tuition fees along with a discount on maintenance costs, transport expenses, and the cost of books. Bursaries on the other hand offer monetary aid to cover education expenses and sometimes include one-off payments for meeting living costs.  The education cost calculator on the EduFund App helps to get an estimate of the future education so that the student can know the scholarship or bursary amount that will be sufficient to meet his requirements.   FAQs What is a Scholarship? The scholarship is financial aid given to students mainly on academic merit. Sometimes, it is also given on the basis of gender, needs, field of study, race, or economic background. What is a Bursary? A bursary is an amount of money given to a student by an educational institution to pay for their studies. How often do I get a Bursary? Bursaries are usually offered to students for one academic year and they need to re-apply every year till they finish the duration of their studies. How many bursaries can I get? Some Bursaries cover tuition fees either fully or partially. Others might cover living costs and some might also provide assistance for a specific purpose, for example, to purchase expensive equipment required for your education. What is the difference between a Scholarship and a Bursary? The primary difference between a Scholarship and a Bursary is that a Scholarship is offered to students based on academic merit and Bursary is offered to students who need monetary assistance for their education.

The Rhodes Scholarship for Oxford University is one of the most revered scholarship programs in the world. The visionary project helps outstanding students with academic excellence to undertake postgraduate and Ph.D. study courses at Oxford University. The world-renowned Rhodes scholarship program includes study courses in several fields like social science, humanities, advanced computer science, physical science, mathematics, life science, etc. It is a golden chance for students to pursue a degree to their heart’s content without the headache of funding. Rhodes scholarship program Rhodes scholarship is offered to students who show signs of intellectual distinction. The prestigious program is a fully-funded award that enables students from all over the world to study postgraduate and Ph.D. programs at Oxford University. The Rhodes Scholarship for Oxford University is offered for two years. The duration of the scholarship is usually extended to meet the demand of the course duration. “But what advantages does the scholarship program entail?” Read on to find out. Apply for Scholarship Rhodes scholarship rewards The scholarship rewards include: Course fees or university fees An annual stipend that is offered to international students for managing travel expenses and accommodation expenses Cost of a Tier-4 study visa  Health insurance or the associated HIS or International Health Surcharge Covers the admission application fees after the student’s selection at the university Two flight tickets of economy class to and from the UK The students are offered settling-in-allowance  The students who want to transition to some other course at the university do not have to fear the process as it is the Rhodes Trust that takes total responsibility for further visa renewal and IHS application Important facts about the Rhodes Scholarship for Oxford University The exclusive program is open to only 100 students who want to study in the UK.  The scholarship application form is available on the official website of Rhodes Trust.  The selection criteria are purely based on academic performance and the interview process. For the year 2023, the application dates were from 1st June 2022 to 2nd August 2022. What qualifies you as an ideal candidate for a Scholarship? Read More Eligibility criteria for entering the Rhodes Scholarship program Students should always check the eligibility criteria before applying for the scholarship program. It is available only to those international students who are arriving in the UK for the first time to study.  Due to the limited number of scholarships offered, the eligibility criteria for this program are very stringent. The applicant must take into consideration the following factors: The student has to be a citizen of his home country for instance an Indian living for the last few years in Bhutan is not eligible for the Rhodes Scholarship. On the other hand, an Indian student who is residing in any part of India holding Indian citizenship is eligible to apply for the said program. Students must have a valid passport as they have to submit proof of citizenship while applying for the Rhodes Scholarship at Oxford University. The student must have a formal degree from a recognized board of study and a first-class undergraduate degree.  At the time of submitting their application, the student should be 26 years or less of age. Students must submit two letters of recommendation from the last faculties with remarks on their academic performance. The scholarship program is merit-based, no doubt but, it gives ample credence to students who have made a favorable impact on society through their positive efforts. Applicants who possess value-based and positive soft skills like benevolence and leadership have a better chance of a scholarship. Additional read: Fulbright scholarship program Is the Rhodes scholarship enough to meet the needs of a student?  “Is the Rhodes Scholarship enough to cover your child’s Oxford education?” is one of the most common queries that floats around students who are interested in attending Oxford University. There are only 100 scholarships available and the number of students from various countries is already fixed. For instance, only five students from India are eligible to become a part of the university campus through Rhodes Trust. The current scholarship amount is $20,883, which amounts to INR 15,57,923 annually. It is renewed yearly in a hassle-free manner through the trust. The stipend offered to international students amounts to GBP 15,900 per annum or GBP 1,325 per month. As the Rhodes Scholarship for Oxford University is a fully-funded program it proves enough to meet the needs of the scholarship students. The program generally covers all the viable expenses that the students will incur during their stay at the university. FAQsWho is eligible for the Rhodes Scholarship?  Eligibility for the Rhodes Scholarship varies by country, but generally, candidates should be exceptional students or recent graduates with strong academic records, leadership qualities, and a commitment to making a positive impact on the world.   What is the Rhodes Scholarship for Indian students?  The Rhodes Scholarship for Indian students is a prestigious international scholarship that allows outstanding Indian students to study at the University of Oxford in the United Kingdom. It pays for tuition, living expenses, and travel expenses.  Can an Indian apply for the Rhodes Scholarship?  Yes, Indian citizens are eligible to apply for the Rhodes Scholarship, provided they meet the criteria and qualifications set by the Rhodes Trust. India is one of the eligible countries for this scholarship.  Is the Rhodes Scholarship tough?  Yes, the Rhodes Scholarship is highly competitive and challenging to obtain. It requires excellent academic credentials, strong leadership skills, a well-defined purpose, and a commitment to public service. The selection process is rigorous, making it a tough scholarship to secure.  Conclusion The merit-based Rhodes Scholarship for Oxford University has managed to leave a positive mark in the international arena.  The college-specific degree helps outstanding students gain experience in studying post-graduate courses and Ph.D. programs at such an august institute without the burden of hefty fees. Think the competition for the Rhodes Scholarship Program may become a massive hurdle in financing your child’s education? Fret not because EduFund is here. Explore many saving options with us and start planning for your child’s education in advance. TALK TO AN EXPERT

Introduction The Fulbright scholarship for US education is one of the most prestigious awards offered by the US Department of state. The fully-funded merit-based program is administered by the Fulbright Commission along with the US embassies all over the global arena. The Fulbright Scholarship helps deserving students to continue with their academic endeavors. It is a brilliant way of promoting cross-cultural understanding and international collaboration because the scholarship is meant for both US students and international students. Fulbright scholarship program The Fulbright scholarship for US education is a fully-funded scholar program that includes two different scholarships. The first is for US students who want to travel abroad, and the other is meant for international students who want to travel to the US for further studies. Students who already have an undergraduate degree can apply for this scholarship program which covers funding for graduate studies, Ph.D. programs, Master’s degrees, or scholarly research. The program is for almost all fields of study like STEM fields, social sciences, business, agriculture, humanities, performing arts, etc. The Fulbright US student program is offered to 2,200 US students who want to travel to one of the 160 countries where the program is operational and 4,000 international students who want to travel to the US for higher studies. Important facts about the Fulbright scholarship program for US Education The Fulbright scholarship for US education is for an academic year only. Whether it is for the US academic year, which lasts from August to May, or the academic year of the host country depends on the course study. It is possible to extend the period to one more year only if the host country’s Fulbright Commission deems it necessary. The application form is available on the Fulbright Scholarship website, where the candidate has to select their country and fill it up with the necessary documents. The grant is fully funded, which helps students to lead a comfortable life without the worry of funds for the fee structure. The purpose of the grant is to support both US and international students who are interested in further studies but are unable to do so because of a lack of funds. The internationally acclaimed award encourages cultural exchange and cooperation between students of different countries. Additional read: Rhodes scholarship program Eligibility criteria for entering the Fulbright Scholarship Program The eligibility criteria for the Fulbright scholarship for US education include Applicants should be a citizen of the United States at the time of application, whereas international students entering the US must also be a citizen of their home country. Candidates who have served in the armed forces of the United States are given preference if their qualifications match the requirements and are equivalent to the qualifications of the rest of the candidates. Students in the US should have their bachelor’s degree, and international students should have an equivalent degree by the time they leave their place for further studies. Candidates must show proficiency to complete their study course or project. They must have experience in community service. Foreign applicants must not have any other degree in the US before they submit their application. Employer's endorsement is necessary for working candidates. Applicants have to be willing enough to represent their culture and serve as noble citizens of their country. Members and staff of the scholarship board, along with their immediate families, are not eligible for the Fulbright Scholarship Program. Is the Fulbright Scholarship program enough to meet the needs of your child’s US education? The Fulbright Scholarship Program is funded by the US Congress through an annual appropriation to the US Department of State’s Bureau of Educational and Cultural Affairs. It is also supported by host institutions, participating governments, various corporations, and different foundations from all over the world.  The Fulbright Scholarship grant includes Coverage of full tuition fees  Provides the required textbooks to the students Accommodation Two tickets from and to the country of study J-1 exchange visitor visa Monthly maintenance or living stipend Health insurance Settling-in-allowance Research materials and enrichment activities (optional) Computer (optional) Even though a Fulbright grant is a fully-funded program, it might not cover all the associated costs of studying abroad.  It is important to plan and save money for a study-abroad experience. The Edufund app helps Indian parents in the process of planning, saving, and managing money for their child’s education, be it abroad or in India.  FAQsWho is eligible for the Fulbright Program?   Eligibility criteria for the Fulbright Program can vary by country and program type. In general, applicants should be citizens or nationals of the participating country, hold at least a bachelor's degree, and have proficiency in English. Specific eligibility requirements will be available on the Fulbright Program website for each country.  What is the Fulbright scholarship?   The Fulbright scholarship is a prestigious international exchange program sponsored by the U.S. government. It provides opportunities for students, scholars, and professionals from various countries to study, conduct research, or teach in the United States and for Americans to do the same abroad. The initiative fosters intercultural dialogue and mutual understanding.  What is the Fulbright Program about?   The Fulbright Program is about fostering international cooperation and understanding through educational and cultural exchange. It offers a wide range of scholarships and grants to individuals from diverse backgrounds and fields, allowing them to engage in academic and cultural experiences abroad. The program emphasises promoting global peace and collaboration.  What is Fulbright Scholarship India? Fulbright Scholarship India refers to the Fulbright Program's opportunities and initiatives specifically tailored for Indian citizens. Indian participants can apply for various Fulbright scholarships, fellowships, and grants to pursue academic and professional experiences in the United States, such as research, teaching, or advanced study in their respective fields. These opportunities aim to strengthen ties between India and the U.S. through educational exchange.  Conclusion The Fulbright scholarship for US education is an educational exchange international program to build long-lasting connections between the US and other countries. The flagship program is one of the most effective ways of making dreams come true, enhancing learning, gaining diverse experiences, and unlocking innumerable opportunities for career growth. TALK TO AN EXPERT

The Orange Tulip Scholarship (OTS) is a prestigious scholarship program that offers Indian students the opportunity to pursue higher education in the Netherlands. The scholarship program is designed to foster academic excellence and cultural exchange between India and the Netherlands while also promoting cooperation and collaboration between educational institutions in both countries. With its generous financial support, the Orange Tulip Scholarship enables Indian students to access a wide range of academic programs at renowned Dutch universities, making it a pathway to a world-class education and valuable international experience. Eligibility Criteria To be eligible for the Orange Tulip Scholarship in India, applicants must meet certain criteria. While specific requirements might vary based on the university and program, the general eligibility criteria typically include:   Nationality: Applicants must be Indian citizens or hold Indian passports.   Academic Excellence: Candidates should demonstrate outstanding academic performance, usually by having a high Grade Point Average (GPA) or equivalent in their previous studies.   Admission to a Dutch University: Applicants must have secured admission to a participating Dutch university for a full-time bachelor's, master's, or doctoral program.  Language Proficiency: Depending on the program's language of instruction, applicants might need to demonstrate proficiency in English (through tests like IELTS or TOEFL) or Dutch (through tests like the NT2).  Apply for Scholarships Eligible Courses, Countries, and Universities:  The Orange Tulip Scholarship provides opportunities for Indian students to study a wide range of courses at various Dutch universities. These courses span diverse fields, including but not limited to:  Engineering and Technology  Natural Sciences  Social Sciences  Economics and Business Administration  Arts and Humanities  Environmental Studies  Health Sciences  Law  The participating Dutch universities may vary from year to year, but they often include some of the most prestigious institutions in the country. Examples of universities that have participated in the past include:  Delft University of Technology  University of Amsterdam  Erasmus University Rotterdam  Leiden University  Utrecht University  Eindhoven University of Technology  Scholarship Benefits:  The Orange Tulip Scholarship provides selected Indian students with financial support to cover a significant portion of their study expenses. The scholarship may cover various expenses, including tuition fees, living costs, and other related costs. However, the exact scholarship amount can vary depending on the university, program, and specific terms of the scholarship agreement.  It's important to note that the scholarship does not usually cover all expenses, so recipients may need to have additional financial resources to support their studies and living expenses in the Netherlands. https://www.youtube.com/shorts/xcgv6n0GsIo Application Process:  The application process for the Orange Tulip Scholarship generally involves the following steps:   Choose a Program and University: Research the eligible courses, participating universities, and their admission requirements to select a program that aligns with your academic and career goals.   Apply for Admission: Apply directly to the chosen Dutch university for admission to your selected program. Ensure you meet all the admission requirements and deadlines.   Apply for the Scholarship: Once you have secured admission, you can usually apply for the Orange Tulip Scholarship through the university's official scholarship application portal. This might involve submitting documents such as your academic transcripts, motivation letter, letters of recommendation, and possibly a scholarship-specific application form.  Selection Process: The selection process may involve a thorough review of applications, including academic achievements, extracurricular activities, motivation, and other relevant factors. Shortlisted candidates might be invited for interviews or additional assessments.   Scholarship Offer: Successful candidates will receive a scholarship offer detailing the scholarship amount, terms, and conditions.  Acceptance and Visa Process: If you accept the scholarship offer, you will need to follow the university's instructions for accepting the offer and proceeding with the visa application process.  Cultural Exchange and International Collaboration:  The Orange Tulip Scholarship not only facilitates academic advancement but also promotes cultural exchange and international collaboration. Studying abroad provides students with the opportunity to immerse themselves in a different culture, interact with peers from around the world, and broaden their global perspective. The scholarship program encourages students to engage in cultural activities, events, and initiatives that foster cross-cultural understanding and appreciation. This cultural exchange not only enriches the individual student's experience but also contributes to building stronger ties between India and the Netherlands. Apply for Scholarship Career Benefits and Networking Opportunities: Apart from the academic and cultural advantages, the Orange Tulip Scholarship offers substantial career benefits. Studying in the Netherlands equips students with a world-class education and exposure to cutting-edge research and innovation. This experience can significantly enhance graduates' career prospects, making them more competitive in the global job market. Furthermore, students have the chance to connect with professionals, researchers, and potential employers during their studies, creating a valuable network that can have a lasting impact on their future careers. Supportive University Environment:  Participating Dutch universities are known for their welcoming and supportive environment for international students. They often provide various support services, including academic advising, career counseling, language assistance, and cultural integration programs. This support system ensures that Orange Tulip Scholarship recipients have a smooth transition into their new academic and cultural environment, enabling them to focus on their studies and make the most of their experience. Talk To An Expert Diversity of Academic Programs: The Orange Tulip Scholarship encompasses a diverse array of academic programs, catering to a wide range of interests and career aspirations. Whether an applicant is passionate about engineering, social sciences, business, or the arts, there is likely a suitable program available. This diversity ensures that students can pursue their academic passions while also considering the practical application of their studies in their future careers. Language and Integration Programs: For Indian students who might have concerns about language barriers, many Dutch universities offer language and integration programs. These programs help students improve their English or Dutch language skills, which are essential for effective communication and academic success. Additionally, integration programs assist students in adapting to the Dutch way of life, including understanding local customs, navigating the city, and building connections within the community. Contributing to Sustainable Development Goals: The Orange Tulip Scholarship aligns with the United Nations Sustainable Development Goals (SDGs) by promoting quality education, fostering international partnerships, and empowering individuals to contribute to their communities and the world. By providing Indian students with the opportunity to access high-quality education and return to India with enhanced knowledge and skills, the scholarship indirectly contributes to India's growth and development.  Create Goals for Child Education Alumni Network and Post-Study Opportunities:  Upon completing their studies, Orange Tulip Scholarship recipients become part of a distinguished alumni network that spans both India and the Netherlands. This network can be a valuable resource for staying connected, sharing experiences, and exploring post-study opportunities. Some graduates might choose to return to India to apply their acquired skills and knowledge, while others may decide to pursue further research, work, or entrepreneurship in the Netherlands or other parts of the world. Promoting Global Citizenship:  Studying abroad through the Orange Tulip Scholarship fosters the development of global citizenship qualities in students. By immersing themselves in a different cultural and academic environment, students learn to appreciate diversity, adapt to new situations, and contribute positively to their host community. These qualities are essential for individuals to thrive in an increasingly interconnected and interdependent world.  Applying and Preparing for Success:  The application process for the Orange Tulip Scholarship requires careful planning and preparation. Prospective applicants should start by researching the eligible courses and universities, understanding the admission requirements, and ensuring they meet the criteria. Crafting a compelling application, including a well-written motivation letter and strong letters of recommendation, is crucial. Adequate preparation for any required language proficiency tests is also essential. Conclusion: The Orange Tulip Scholarship in India is a valuable opportunity for Indian students to pursue their higher education ambitions in the Netherlands. With its focus on academic excellence, cultural exchange, and international collaboration, the scholarship serves as a bridge between the two countries' educational systems. By offering financial support for a wide range of academic programs at prestigious Dutch universities, the Orange Tulip Scholarship helps Indian students embark on a journey of personal and professional growth while contributing to global education and understanding.

With some of the best universities in the world and strong employment prospects, the UK is a popular destination for students all over the globe. But studying at a university as an international student can be seriously costly often topping ₹1 crore for the duration of the course, including tuition fees and living expenses; the majority of students will need financial help from somewhere to make it work. So, where can you or your child go to get this financial support? Can international students get a student loan? Will a scholarship be enough for your child’s fees in the UK? Can it cover living expenses and accommodation? Where can you find financial aid to study in the United Kingdom? There are plenty of funding choices available, from taking on a loan to applying for scholarships to cover the tuition fees in the UK for your child or saving in advance to fund their UK dream. Let’s look at some financially viable options: 1. Scholarships Scholarships for international students are one of the main sources of funding for students seeking to study abroad. But it’s a renowned fact that the higher your child’s academic standing, the bigger the scholarship they have the chance to get.  You need to make sure if your child or you want(s) them to study at a particular university for an undergraduate program, you look for their scholarships beforehand and be prepared to put the effort into having the academic standing it requires for scholarships.  There are many scholarships, but with varying eligibility criteria and competition, they can be extremely tough to navigate.  Apply for Scholarship Programs 2. Study Abroad Programs An exchange or study abroad program may be a more economical option for international students looking to attend university in the UK. This would entail applying to a university in your own home country and spending a semester or year studying in the UK. These are short-term courses that are cost-efficient and sometimes sponsored by the universities so that students only have to pay a portion of the expenses. Before applying, research specific universities to see if they have any collaborations with universities in the UK. 3. Student Loans As an international student, there would be some educational loans available in your country for them that you might want to look into. There are over 100 banks and financial institutions in India that provide loans for students to help them cover the costs of tuition and living expenses abroad. You can browse through different loan plans by different banks or consult an expert to filter out the best loans based on your child’s needs!  Apply for Education Loans How to get a scholarship to study in the UK? There are loads of scholarships for international students in the UK up for grabs. This is great news, but it's important to exercise caution as they are competitive and have very stringent eligibility criteria. Additionally, most of them are for postgraduate degrees rather than undergraduate ones. The easiest way to find out is to check the specific universities you want to send your child to and see if they offer undergraduate scholarships, bursaries, and fee exemptions. You can also consult education experts who can find your child the best scholarships for their university or course.  However, there are really no guarantees, and you should always consider what you'll do if you don't succeed. Most scholarship applications consist of an application form. While others may require a written assignment or test, as well as an interview round. Source: pexels Are scholarships enough? Now, let’s be realistic, the majority of scholarships need an outstanding academic performance in the previous qualifications, and only a few children will be able to do that as schools are very competitive. That brings us to the fact that scholarships cannot be the only option to cover tuition fees. So students either have to take loans or use savings to pay for college. The total amount of studying at a university in the UK about 18 years from now would be over ₹1.5 crores, and that is a huge amount to save. One way to do that is to start saving more than ₹60,000 every month, apart from other expenses, for 18 years till your child comes of age to go to college.  The other is to invest in Mutual Funds, US stocks, etc., according to a proper market study of the returns. This is the most unexplored and underrated way to pay for your child’s future education needs. By investing small amounts of money every month in a disciplined manner, you can ensure their education dreams are completed.   Hence, looking for scholarships has no downside, as there are chances that you can find one that suits your child, but it shouldn’t be the only option. You should consider other financial options to support your child’s education, including saving and investing in mutual funds via SIPs, fixed deposits, equities, etc.